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David A. Katz, a partner of Wachtell, Lipton, Rosen & Katz, and Laura A. Mcintosh, a consulting attorney for the firm, write that RiskMetrics Group recently updated its domestic and international corporate governance policies, indicating how it will recommend that its clients vote on various matters for the next proxy season. Because many institutional investors strictly adhere to RMG's voting recommendations, the authors say, public companies are obliged to take note of the updated recommendations.
January 22, 2009 at 12:00 AM
1 minute read
Presented by BigVoodoo
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